Three Oaks Gloucester

Baneberry Road, Gloucester, Gloucester GL4 6NR

Three Oaks Gloucester

Charming Community Local Three Oaks is a charming community pub situated on a leafy residential street. Named after the Oak Trees behind it, the pub is next to a park and only 10 minutes from the nearby Country Park. The pubs is accessible by bus and there are car parking facilities to the front and rear of the building. The pub serves classic pub food in a comfortable setting. There is opportunity to develop this offering to drive profit and create a pub that stands out from competition in the area. On weekends, there is live entertainment a function room and beer garden are also on site. Creative Operator Wanted Do you have the necessary creativity and drive to develop Three Oaks into a celebrated local pub? If this sounds like the right opportunity for you then contact us now to discuss how in partnership with Star Pubs & Bars you will grow your business into a hub of the community.

Pub Features

Rolling Tenancy

Car Parking

Refurbishment Planned

Catering Kitchen

Outdoor Trade

Pub Games

Trading Area & Facilities

The trading facilities at Three Oaks consists of two separate areas, one currently has a pool table and darts board and is used as a bar and the other is a very large lounge area ideal for a dinning room. Both are serviced but a central bar. A large commercial Kitchen is on site which offers the potential to introduce and grow a good quality food offer. Situated to the back of the pub is a long room that was previously used as a Skittle Alley which could again potentially generate an additional income for the business.There pub is surrounded by a very large outside space currently used for both a car park and an outside trading area. With a bit of imagination and TLC this could become a great asset to the site.

Passionate, friendly and driven operator WantedHave you got a positive and driving attitude to make this business a success? Do you have a clear vision for how you can bring success to this pub? If so, we want to hear from you. We are looking for someone that can serve excellent products with passion and quality. The ability to drive trade by a unique and fantastic offer of food and drink is essential.

Private Accommodation

The private accommodation consists of 3 bedrooms, bathroom, and Kitchen with a large lounge / Dinning area. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business

Premises Licence Details

Please refer to the Premises Licence for further details.

Premises Licence Opening Hours

Mon

Tue

Wed

Thu

Fri

Sat

Sun

11:00 - 23:30

11:00 - 23:30

11:00 - 23:30

11:00 - 00:30

11:00 - 00:30

11:00 - 00:30

12:00 - 23:30

Financials

Annual Rent

£

TBC

Estimated Annual FMOP (Licensee Profit)

£

TBC

Representative HEINEKEN UK Brand Discount Per Barrel

£

TBC

Estimated Annual Turnover

£

TBC

Estimated Annual Barrelage

TBC

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs

Estimated Licensee Fixtures & Fittings Value

£

TBC

Estimated Fixtures & Fittings Valuation Fee

£

TBC

Estimated Stock Valuation

£

TBC

Deposit Amount

£

TBC

Rent In Advance

£

TBC

Training Fee

£

1,000

Estimated Designated Premises Supervisor / Manager Fee

£

TBC

Premises Licence Fee

£

TBC

Rates Assessment Fee

£

TBC

Estimated Legal Fees

£

650

Estimated Total Ingoing Costs

£

TBC

Estimated Minimum Ingoing Costs

£

TBC

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges

Estimated Annual Buildings Insurance

£

TBC

Estimated Annual Maintenance Compliance Charge

£

TBC

Estimated Annual Accountancy & Stocktaking Charge (including tills)

£

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* All figures quoted are exclusive of VAT

** Deposit build up will be payable over a maximum of 24 months

*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry

**** Maintenance Compliance Charge relates to the fees for various statutory inspections

***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased

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